banking

Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. One key step towards financial independence is having a solid banking account.

Retail Banking Earnings Increase For PNC, Report Shows

Retail Banking Earnings Increase For PNC, Report Shows
Retail Banking Earnings Increase For PNC, Report Shows
April 16, 2021  |  Earnings

PNC Financial Services Group released its first-quarter earnings report Friday (April 16), showing an increase in retail banking along with an overall net income of...

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A Quiet VC Week Eyes B2B Payments, SMB Banking Funding
A Quiet VC Week Eyes B2B Payments, SMB Banking Funding
April 16, 2021  |  B2B Payments

This week’s B2B FinTech venture capital roundup is dominated by smaller funding rounds totaling less than $100 million in collective fundraising. While it was a...

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Banking Security Needs Upgrade for API Era
Banking Security Needs Upgrade for API Era
April 16, 2021  |  Cybersecurity

Established financial services firms have not typically led the charge when it comes to the adoption of new technology. But as they go digital, and...

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Spence Labs Collab Helps Banks Serve Legal Cannabis Market
Spence Labs Collab Helps Banks Serve Legal Cannabis Market
April 15, 2021  |  B2B Payments

To provide a digital payment offering to financial institutions (FIs) working with cannabis-related businesses (CRBs), digital payment company Spence Labs has collaborated with cannabis banking...

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Consumer Spending, Low Credit Card Delinquencies Lifts Big Bank Earnings
Consumer Spending, Low Credit Card Delinquencies Lifts Big Bank Earnings
April 15, 2021  |  Banking

If there’s one universal theme thus far across bank earnings, across banks large and small, investment banking juggernauts and more retail-oriented firms … it’s that...

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Truist First-Quarter Financials Show $1.3 Billion Net Income
Truist First-Quarter Financials Show $1.3 Billion Net Income
April 15, 2021  |  Earnings

Truist Financial Corporation has reported its earnings for the first quarter, with the net income available to common shareholders being $1.3 billion, according to a...

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Bank of America’s Profits Double; 40.3 Million Customers Use Digital Banking
Bank of America’s Profits Double; 40.3 Million Customers Use Digital Banking
April 15, 2021  |  Earnings

With the pandemic economic crisis fading, Bank of America said on Thursday (April 15) that it had released $2.7 billion of the cash it had...

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Citigroup Q1 Profits Up As It Plans Exit From 13 Global Markets
Citigroup Q1 Profits Up As It Plans Exit From 13 Global Markets
April 15, 2021  |  Earnings

Citigroup reported higher-than-expected profits of $7.9 billion, or $3.62 per share, for the first quarter of this year compared to last year’s $2.5 billion, or...

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